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May 04, 2020
Ode to Lumber

My humble beginnings in the wood industry took root decades ago, sprouting a brief but meaningful and deeply gratifying career. “Life” intervened, but after a bit of a hiatus, I eventually found myself coming full circle, back to the work I love most. When I think of how, even after stacking up cred

May 01, 2020
An Update from NAW Government Relations Team - 5.1

In the aftermath of the ongoing controversy over the operation of the PPP and the companies which Treasury and the SBA now say should not have received loans, Treasury Secretary Mnuchin has reportedly sent one of his key executives, Deputy Secretary Justin Muzinich, over to the SBA to “sort out” the

April 30, 2020
An Update from NAW Government Relations Team - 4.30, part 2

Fed Chairman Powell made comments yesterday that provide more insight into the Fed’s plans for this and other loan programs. As Capital Alpha reported after the Chairman’s press conference, the Chairman said (among other comments)

April 30, 2020
An Update from NAW Government Relations Team - 4.30, part 1

At 10:00 AM Eastern this morning the Fed issued a press release on the Main Street Lending Program, along with new term sheets. While we are still reviewing the information and have not yet completed a thorough analysis, we wanted to get it to you as quickly as possible.

April 30, 2020
An Update from NAW Government Relations Team - 4.29

NAW and our allies have been working to urge the Fed to get the Main Street Lending Program facility up and running, but the news we heard from the Federal Reserve today was somewhat confusing.

April 28, 2020
An Update from NAW Government Relations Team - 4.28

Latest on Main Street and Mid-Size Company Lending Programs and Corporate Bond Purchase Program

NAW and our allies have been working to urge the Fed to get the Main Street Lending Program facility up and running, but the news we heard from our outreach to Capitol Hill today was not encouraging.

April 27, 2020
An Update from NAW Government Relations Team - 4.27

The SBA’s Paycheck Protection Program resumed lending today after $310 billion in loan authority was provided under legislation signed last Friday by President Trump. However, SBA’s electronic filing system crashed within minutes of the program re-opening as a week-plus of backlogged applications